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74 E 13065 S - Hutch Cove - Flex Warehouse And Office Condo 2,445 SF Office Condo Unit Offered at $1,516,093 CAD in Draper, UT 84020
Investment Highlights
- I-15 Freeway Visibility – Prime exposure for signage and branding
- Flexible Ownership Options – Purchase individually or as a combined unit
- Brand New Construction – Wood-frame build scheduled for completion by end of 2025
Executive Summary
Property Description Hutch Cove Business Park is a newly developed Class A office/flex industrial condominium project located in the heart of Draper, Utah. Situated just off I-15 with excellent freeway visibility, the development offers businesses and investors a rare opportunity to own commercial real estate in one of the Salt Lake Valley's most desirable industrial submarkets. The project consists of 11 individually owned commercial condominium units designed to accommodate a wide range of office, showroom, warehouse, and light industrial users. Units are delivered in gray shell condition, allowing owners the flexibility to customize the interior to their operational needs. Conveniently located near the Point of the Mountain with quick access to I-15, Bangerter Highway, and the greater Salt Lake metropolitan area, Hutch Cove Business Park provides outstanding accessibility for employees, customers, and deliveries. The development features modern construction, ample on-site parking, and light industrial zoning, making it well suited for owner-occupants, investors, contractors, professional service businesses, and flex industrial users seeking a long-term ownership opportunity.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 7.00% |
| Sale Type | Investment |
| Cap Rate | 7.00% |
Sale Notes
Investment Sale | 1031 Exchange Opportunity | 2,445 SF Class A Office/Flex Condo in Draper, UT
Unit 6 | $1,275,000
Excellent opportunity to acquire a fully built-out Class A office/flex condominium in the newly developed Hutch Cove Business Park in Draper, Utah. Located directly behind the Utah Disaster Kleenup (UDK) Building visible on the east side of I-15.
Unlike the gray shell units currently available for sale within the project, Unit 6 is fully improved and is being offered as a stabilized investment with a long-term tenant already in place.
The property is 100% leased to Garney Companies, Inc., a nationally recognized construction and infrastructure contractor, providing investors with stable cash flow in one of Salt Lake County's strongest commercial markets.
Conveniently located just off I-15 with exceptional freeway visibility, this is an ideal opportunity for investors seeking a high-quality commercial asset with an established tenant.
Property Highlights:
- 2,445 SF Class A Office/Flex Industrial Condo
- Asking Price: $1,275,000
- 100% Leased to Garney Companies, Inc.
- Stable Lease up to Through 2031
- Fully Built-Out Interior
- Excellent Investment Opportunity
- Prime Freeway Visibility in Draper
- Convenient Access to I-15
- Ample On-Site Parking
- Light Industrial Zoning
- Ideal for Commercial Investors in Small Condo Units
Hutch Cove Business Park is one of Draper's premier commercial developments, offering high-quality ownership opportunities in one of the Wasatch Front's fastest-growing business corridors.
For additional information or to schedule a private tour, contact:
Derek Howe
Salt Canyon
(801) 800-6837
Unit 6 | $1,275,000
Excellent opportunity to acquire a fully built-out Class A office/flex condominium in the newly developed Hutch Cove Business Park in Draper, Utah. Located directly behind the Utah Disaster Kleenup (UDK) Building visible on the east side of I-15.
Unlike the gray shell units currently available for sale within the project, Unit 6 is fully improved and is being offered as a stabilized investment with a long-term tenant already in place.
The property is 100% leased to Garney Companies, Inc., a nationally recognized construction and infrastructure contractor, providing investors with stable cash flow in one of Salt Lake County's strongest commercial markets.
Conveniently located just off I-15 with exceptional freeway visibility, this is an ideal opportunity for investors seeking a high-quality commercial asset with an established tenant.
Property Highlights:
- 2,445 SF Class A Office/Flex Industrial Condo
- Asking Price: $1,275,000
- 100% Leased to Garney Companies, Inc.
- Stable Lease up to Through 2031
- Fully Built-Out Interior
- Excellent Investment Opportunity
- Prime Freeway Visibility in Draper
- Convenient Access to I-15
- Ample On-Site Parking
- Light Industrial Zoning
- Ideal for Commercial Investors in Small Condo Units
Hutch Cove Business Park is one of Draper's premier commercial developments, offering high-quality ownership opportunities in one of the Wasatch Front's fastest-growing business corridors.
For additional information or to schedule a private tour, contact:
Derek Howe
Salt Canyon
(801) 800-6837
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 6 | 2,445 SF | Office | $1,516,093 CAD ($620.08 CAD/SF) | $106,126.52 CAD |
Unit 6
| Unit Size |
| 2,445 SF |
| Condo Use |
| Office |
| Price |
| $1,516,093 CAD ($620.08 CAD/SF) |
| NOI |
| $106,126.52 CAD |
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Unit 6
| Unit Size | 2,445 SF |
| Condo Use | Office |
| Price | $1,516,093 CAD ($620.08 CAD/SF) |
| NOI | $106,126.52 CAD |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| Sale Notes | |
|
Investment Sale | 1031 Exchange Opportunity | 2,445 SF Class A Office/Flex Condo in Draper, UT Unit 6 | $1,275,000 Excellent opportunity to acquire a fully built-out Class A office/flex condominium in the newly developed Hutch Cove Business Park in Draper, Utah. Located directly behind the Utah Disaster Kleenup (UDK) Building visible on the east side of I-15. Unlike the gray shell units currently available for sale within the project, Unit 6 is fully improved and is being offered as a stabilized investment with a long-term tenant already in place. The property is 100% leased to Garney Companies, Inc., a nationally recognized construction and infrastructure contractor, providing investors with stable cash flow in one of Salt Lake County's strongest commercial markets. Conveniently located just off I-15 with exceptional freeway visibility, this is an ideal opportunity for investors seeking a high-quality commercial asset with an established tenant. Property Highlights: - 2,445 SF Class A Office/Flex Industrial Condo - Asking Price: $1,275,000 - 100% Leased to Garney Companies, Inc. - Stable Lease up to Through 2031 - Fully Built-Out Interior - Excellent Investment Opportunity - Prime Freeway Visibility in Draper - Convenient Access to I-15 - Ample On-Site Parking - Light Industrial Zoning - Ideal for Commercial Investors in Small Condo Units Hutch Cove Business Park is one of Draper's premier commercial developments, offering high-quality ownership opportunities in one of the Wasatch Front's fastest-growing business corridors. For additional information or to schedule a private tour, contact: Derek Howe Salt Canyon (801) 800-6837 |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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74 E 13065 S - Hutch Cove - Flex Warehouse And Office Condo
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